Trump's dream of a US-made iPhone clashes with Apple's manufacturing reality

In brief: President Trump's 104% tariff on goods imported from China is now in effect. It will have an enormous impact on many US firms, especially Apple, which relies heavily on China to manufacture its iPhones. Trump believes the solution is to start making the handsets in the US, but that would be nearly impossible, especially in the short term. And even if it were, iPhones would likely become much more expensive. Trump has said that if companies want to avoid the tariffs placed on countries such as China, Vietnam, Thailand, and India, they should move their manufacturing to the United States. But that's a lot easier said than done. With the tariff on Chinese goods now up to 104%, we're waiting to see how Apple responds. The company transported five planeloads of iPhones and other products from India and China to the US over a three-day span during the final week of March, giving itself a buffer against the tariffs. When asked if Trump believed iPhone manufacturing could move to ... Read full article.